Charles Herbert Allen was an American politician and businessman. After serving in state and federal elected positions, he was appointed as the first United States-appointed civilian governor of Puerto Rico when the U.S. acquired it after the Spanish-American War. He previously had served as Assistant Secretary of the Navy under President William McKinley.
After returning to the U.S. from Puerto Rico, Allen headed for Wall Street and became a vice president of Morton Trust Company and its successor, the Guaranty Trust Company of New York. He formed the American Sugar Refining Company - a sugar syndicate which, by 1907, was the largest in the world. It owned or controlled 98% of the sugar processing capacity in the U.S. and was known as the Sugar Trust. Allen was treasurer of American Sugar Refining in 1910, its president in 1913, and in 1915 he joined its board of directors. The company is currently known as Domino Sugar.
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Charles Herbert Allen was an American politician and businessman. After serving in state and...
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Charles Herbert Allen was an American politician and businessman. After serving in state and federal elected positions, he was appointed as the first United States-appointed civilian governor of Puerto Rico when the U.S. acquired it after the Spanish-American War. He previously had served as Assistant Secretary of the Navy under President William McKinley.
After returning to the U.S. from Puerto Rico, Allen headed for Wall Street and became a vice president of Morton Trust Company and its successor, the Guaranty Trust Company of New York. He formed the American Sugar Refining Company - a sugar syndicate which, by 1907, was the largest in the world. It owned or controlled 98% of the sugar processing capacity in the U.S. and was known as the Sugar Trust. Allen was treasurer of American Sugar Refining in 1910, its president in 1913, and in 1915 he joined its board of directors. The company is currently known as Domino Sugar.